Revolution Investing: Stock investors are right to be cautious now, and being bearish is even smarter


I play golf by myself most of the time when I play. I like to be the first one off the tee in the morning so that I can hustle and play a full 18 holes in less than two hours. The other day my analyst Bryce Smith and I went to play golf late in the afternoon and we got behind a few people even though the course was mostly empty. We sped past the group ahead of us on a par 3 and Bryce said, “We have to tell them why we’re passing them.”

I replied, “We’ll be so far ahead of them by the time they get done with this hole it won’t…

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